1. Homepage
  2. Equities
  3. Mexico
  4. Mexican Stock Exchange
  5. Arca Continental, S.A.B. de C.V.
  6. News
  7. Summary
    AC *   MX01AC100006

ARCA CONTINENTAL, S.A.B. DE C.V.

(AC *)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Mexico's Cuervo, Femsa among companies well-positioned for '22 -Barclays

01/19/2022 | 03:31pm EDT
FILE PHOTO: The logo of Mexico's Coca-Cola FEMSA, the world's biggest Coke bottler, is pictured at its headquarters in Monterrey

MEXICO CITY (Reuters) - Tequila maker Cuervo, restaurant operator Alsea, bottler and retailer Femsa and supermarket retailer La Comer are among the listed Mexican companies positioned well in 2022, Barclays analysts said in a report, adding consumer companies in general will surpass pre-pandemic sales levels.

Analysts Benjamin Theurer and Antonio Hernandez raised their target price on Cuervo's to 58 pesos from 55 and forecasted strong sales due to tequila "further gaining importance in the U.S." and the easing of supply chain constraints.

La Comer's target price was maintained at 41 pesos, but the analysts pointed to the company as a market leader in sales as it keeps gaining scale. They forecast that La Comer, bread maker Bimbo and bottler Arca Continental would finish 2022 with the consumer segment's highest margin expansions.

The analysts kept their target price for Alsea at 50 pesos and highlighted that the Mexican restaurant operator could gain market share due to the struggles its smaller competitors face after two years of the pandemic.

They maintained their target price for Femsa at 90 pesos, expressing caution about openings in its OXXO convenience store chain given the recent uptick in COVID-19 cases. Nonetheless, the analysts expect most of its business segment's revenues to reach pre-pandemic levels in 2022.

Mexico started the year as the only major economy in Latin America still lagging pre-pandemic GDP levels, but the Barclays analysts estimated its year-on-year growth at 3.6%, above the market consensus of 2.8% due to a gradual economic normalization and a boost from U.S. fiscal stimulus programs.

(Reporting by Valentine Hilaire; Editing by David Gregorio)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
ALSEA, S.A.B. DE C.V. -0.76% 42.83 End-of-day quote.12.86%
ARCA CONTINENTAL, S.A.B. DE C.V. 0.49% 134.34 End-of-day quote.2.93%
BARCLAYS PLC 1.61% 170.38 Delayed Quote.-8.89%
BECLE, S.A.B. DE C.V. 1.10% 46.08 End-of-day quote.-10.28%
FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. -0.11% 148.25 End-of-day quote.-6.95%
GRUPO BIMBO, S.A.B. DE C.V. 0.46% 61.44 End-of-day quote.-2.43%
LA COMER, S.A.B. DE C.V. -0.05% 39.48 End-of-day quote.7.25%
All news about ARCA CONTINENTAL, S.A.B. DE C.V.
04/29TRANSCRIPT : Arca Continental, S.A.B. de C.V., Q1 2022 Earnings Call, Apr 29, 2022
CI
04/29ARCA CONTINENTAL B DE C : 29 April 2022EBITDA GREW 11.0% AND REVENUE INCREASED 13.8% IN 1Q..
PU
04/28Arca Continental, S.A.B. de C.V. Reports Earnings Results for the First Quarter Ended M..
CI
04/13ARCA CONTINENTAL, S.A.B. DE C.V. : Ex-dividend day for interim dividend
FA
04/01ARCA CONTINENTAL B DE C : 2021 AC Integrate Annual Report
PU
04/01ARCA CONTINENTAL B DE C : 2021 Integrated Annual Report
PU
04/01ARCA CONTINENTAL B DE C : 1 April 2022AC to Invest $588 million USD in 2022
PU
04/01Mexico's Arca Continental to boost capex by 67%
RE
02/15Arca Continental, S.A.B. de C.V. Reports Earnings Results for the Full Year Ended Decem..
CI
02/15TRANSCRIPT : Arca Continental, S.A.B. de C.V., Q4 2021 Earnings Call, Feb 15, 2022
CI
More news
Analyst Recommendations on ARCA CONTINENTAL, S.A.B. DE C.V.
More recommendations
Financials
Sales 2022 199 B 10 188 M 10 188 M
Net income 2022 14 537 M 743 M 743 M
Net Debt 2022 15 865 M 810 M 810 M
P/E ratio 2022 16,5x
Yield 2022 3,56%
Capitalization 234 B 11 967 M 11 967 M
EV / Sales 2022 1,25x
EV / Sales 2023 1,15x
Nbr of Employees 62 567
Free-Float -
Chart ARCA CONTINENTAL, S.A.B. DE C.V.
Duration : Period :
Arca Continental, S.A.B. de C.V. Technical Analysis Chart | AC * | MX01AC100006 | MarketScreener
Technical analysis trends ARCA CONTINENTAL, S.A.B. DE C.V.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 134,34 MXN
Average target price 147,59 MXN
Spread / Average Target 9,86%
EPS Revisions
Managers and Directors
Arturo Gutiérrez Hernández Chief Executive Officer
Emilio Marcos Charur Chief Financial Officer
Jorge Humberto Santos Reyna Director
Alejandro Molina Sánchez Chief Technical & Supply Chain Officer
Ernesto López de Nigris Independent Director
Sector and Competitors
1st jan.Capi. (M$)
ARCA CONTINENTAL, S.A.B. DE C.V.2.93%11 967
THE COCA-COLA COMPANY9.24%280 390
KEURIG DR PEPPER INC.-3.61%49 904
SUNTORY BEVERAGE & FOOD LIMITED19.83%11 925
SWIRE PACIFIC LIMITED3.38%8 295
COCA-COLA HBC AG-31.29%8 115